US Concrete (USCR) Scheduled to Post Quarterly Earnings on Monday

US Concrete (NASDAQ:USCR) is set to issue its quarterly earnings data on Monday, February 26th. Analysts expect the company to announce earnings of $0.90 per share for the quarter.

Shares of US Concrete (NASDAQ USCR) opened at $76.05 on Friday. The stock has a market capitalization of $1,270.00, a P/E ratio of 101.40, a price-to-earnings-growth ratio of 1.52 and a beta of 0.95. The company has a debt-to-equity ratio of 2.35, a current ratio of 2.31 and a quick ratio of 2.12. US Concrete has a 12-month low of $57.95 and a 12-month high of $86.35.

Several equities analysts have commented on the stock. Zacks Investment Research downgraded shares of US Concrete from a “hold” rating to a “sell” rating in a research note on Saturday, November 4th. ValuEngine downgraded shares of US Concrete from a “buy” rating to a “hold” rating in a research note on Thursday, November 9th. DA Davidson restated a “buy” rating on shares of US Concrete in a research note on Monday, December 4th. Finally, BidaskClub upgraded shares of US Concrete from a “sell” rating to a “hold” rating in a research note on Wednesday, December 6th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $89.25.

In other US Concrete news, Director Kurt Matthew Cellar sold 10,060 shares of the business’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of $80.11, for a total value of $805,906.60. Following the completion of the transaction, the director now owns 40,081 shares in the company, valued at $3,210,888.91. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Vice Chairman William J. Sandbrook sold 9,000 shares of the business’s stock in a transaction on Thursday, January 25th. The stock was sold at an average price of $82.38, for a total transaction of $741,420.00. Following the completion of the transaction, the insider now owns 423,710 shares of the company’s stock, valued at approximately $34,905,229.80. The disclosure for this sale can be found here. In the last 90 days, insiders sold 86,264 shares of company stock valued at $7,046,356. Insiders own 5.90% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: This story was reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this story on another domain, it was illegally stolen and republished in violation of international trademark & copyright legislation. The original version of this story can be viewed at https://www.dispatchtribunal.com/2018/02/24/us-concrete-uscr-scheduled-to-post-quarterly-earnings-on-monday.html.

US Concrete Company Profile

U.S. Concrete, Inc is a producer of ready-mixed concrete in select geographic markets in the United States. The Company conducts its operations through two business segments: ready-mixed concrete and aggregate products. The ready-mixed concrete segment engages principally in the formulation, production and delivery of ready-mixed concrete to its customers’ job sites.

Earnings History for US Concrete (NASDAQ:USCR)

Receive News & Ratings for US Concrete Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for US Concrete and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply